Below is an excerpt:
Heather Buchta, partner at Quarles & Brady says business leaders need to engage in some internal due diligence and ask themselves these questions:
- What internal policies are in place to protect data?
- Is there a policy against removing devices from the business location?
- Is there a policy to encrypt data?
- Even more basic, what kind of data does a company have?
“Risk of a breach increases as the volume of data a company has increases and oftentimes the data wasn’t even used by the business,” Buchta says, “which is creating an increased risk for no business purpose.”